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  • Seco Company Was Incorporated On January 1

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    dagohoy kenneth
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    Seco Company was incorporated on January 1, 2015 and authorized 80,000 shares. On February 1, 60,000 shares were issued, and in July some shares were reacquired but not canceled. On December 1, the company did a two-for-one share split.

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    Seco Company was incorporated on January 1, 2015 and authorized 80,000 shares. On February 1, 60,000 shares were issued, and in July some shares were reacquired but not canceled. On December 1, the company did a two-for-one share split.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    500 views1 page

    Seco Company Was Incorporated On January 1

    Uploaded by

    dagohoy kenneth
    Seco Company was incorporated on January 1, 2015 and authorized 80,000 shares. On February 1, 60,000 shares were issued, and in July some shares were reacquired but not canceled. On December 1, the company did a two-for-one share split.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Seco Company was incorporated on January 1, 2015.

    Jan 2 Number of shares authorized 80,000


    Feb 1 Number of shares issued 60,000
    July 1 Number of shares reacquired but nit canceled
    Dec 1 Two-for-one share split

    On December 31,2015, what is the number of shares outstanding?

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